T. Rowe Price Group, Inc.
Jul 13, 2017

T. Rowe Price Group Reports Preliminary Month-End Assets Under Management

BALTIMORE, July 13, 2017 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $904 billion as of June 30, 2017. Client transfers from mutual funds to other portfolios were $4.2 billion and $7.6 billion for the month- and quarter-ended June 30, 2017, respectively.

The firm's assets under management as of June 30, 2017, and for prior quarter and year-end, by investment vehicle, asset class, and in the firm's retirement date portfolios are as follows:



As of



Preliminary(a)





(in billions)


6/30/2017


3/31/2017


12/31/2016

Sponsored U.S. mutual funds







 Stock and blended asset


$

446



$

431



$

401


 Bond and money market


121



118



113




567



549



514


Other investment portfolios







 Stock and blended asset


254



235



221


 Bond, money market, and stable value


83



78



76




337



313



297


Total assets under management


$

904



$

862



$

811






Target date retirement portfolios


$

214



$

203



$

189





(a) Preliminary - subject to adjustment

 

Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global investment management organization that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

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SOURCE T. Rowe Price Group, Inc.

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